Arts & Cultural Industries Grew at Twice the Rate of U.S. Economy, Adding $1.2 Trillion – Mass Cultural Council
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Arts & Cultural Industries Grew at Twice the Rate of U.S. Economy, Adding $1.2 Trillion – Mass Cultural Council
The arts and cultural sector grew at more than twice the rate of the total economy between 2022 and 2023, according to new data from the Arts and Cultural Production Satellite Account (ACPSA), a product of the National Endowment for the Arts (NEA) and the Bureau of Economic Analysis (BEA). Source: U.S. Bureau of Economic Analysis ACPSA tracks the annual economic value of arts and cultural production from 35 industry groups—including both commerc…
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